21-year-old MIT dropouts raise $32M at $300M valuation led by Insight

AI News - TechCrunch

Jul 22, 2025 13:59

Tage Kene-Okafor

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Summary

Delve, an AI startup founded by 21-year-old MIT dropouts Karun Kaushik and Selin Kocalar, has raised $32 million at a $300 million valuation, led by Insight, just months after its $3 million seed round. The company uses AI to automate regulatory compliance, attracting rapid customer growth and significant investor interest. This highlights the increasing demand and investment in AI solutions for complex, high-stakes industries like compliance.

Karun Kaushik and Selin Kocalar weren’t planning to raise a Series A so soon. Their AI compliance startup, Delve, which announced a $3 million seed round in January, was growing fast and signing customers at a steady clip. Then, inbound interest started rolling in, COO Kocalar told TechCrunch. Delve, which automates regulatory compliance with AI […]

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